4516 Spatz Ave, Fort Wayne, IN, 46806 | $120/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
832 sft

2304 Marcy Ln, Fort Wayne, IN, 46806

2 Bed
1 Bath
1019 sft

3704 S Park Dr, Fort Wayne, IN, 46806

3 Bed
2 Bath
1770 sft

1519 Andrew St, Fort Wayne, IN, 46808

1 Bed
1 Bath
2208 sft

618 Adams St, Decatur, IN, 46733

Nearby investment properties with comparable prices

Investment Property+ 1 more

2 Bed
1 Bath
1000 sft

3709 S Park Dr, Fort Wayne, IN, 46806

3 Bed
1 Bath
792 sft

5205 Mount Vernon Park Dr, Fort Wayne, IN, 46806

3 Bed
2 Bath
1206 sft

3228 Reed St, Fort Wayne, IN, 46806

2 Bed
1 Bath
936 sft

472 Wiebke St, Fort Wayne, IN, 46806

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Fort Wayne at 4516 Spatz Ave, Fort Wayne, IN, 46806 earns $120/mo cash flow from $960/mo rent with a $685/mo payment. Total monthly income totals $960/mo, and annual cash flow totals $1,438/yr on $46,410 capital. ROI tracks 23.01% on current figures, and rental yield reads 8.23% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 119.22% and total cumulative return in cash sums $55,330. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $960/mo property income instead of your personal income.

Single Family

Built in 1947

4,791 sqft lot

$N/A/sqft

No HOA